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FOX News Sunday With Chris Wallace

News/Business. An analysis of top newsmakers and events. New. (CC) (Stereo)

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Us 16, Graham 9, Benghazi 8, Washington 6, Lindsey Graham 6, Kirsten 6, Bayh 5, Lindsey 5, Phillips 4, Dianne Feinstein 4, Byron 4, Chuck Hagel 3, Clinton 2, Chris Wallace 2, Lg 2, Iowa 2, Boehner 2, Greece 2, Mcconnell 2, Feinstein 2,
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  FOX News    FOX News Sunday With Chris Wallace    News/Business. An analysis of top  
   newsmakers and events. New. (CC) (Stereo)  

    December 30, 2012
    11:00 - 12:00pm PST  

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john writes any decision made in the 11th hour is never good. let it go over and maybe this will walk up, washington. debra agrees saying my liberal best friend and i rarely agree on anything political but on this we both agree. jump. c.j. says disagrees. thank you always for sharing. we love to hear from you. that is it for us here in washington. "fox news sunday" up next. chris wallace sits down exclusively with senators lindsey graham and dianne feinstein. and also live fox news coverage continues throughout the day with a two hour live "the fox report" starting at 6:00 p.m. and a special hour live of "the five" following that. i'm shannon bream. thanks for watching. stay tuned we'll see what
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captioned by closed captioning services, inc. >> chris: i'm chris wallace. it's crunch time on capitol hill. as the new year rings in we are headed for a major financial hangover. what happens if big tax hikes and spending cuts take effect? will, washington, come up with a last minute compromise? where are we head on new demands for gun control and will we ever get all of the answers to the benghazi terror attack? we will cover a lot of ground when we he sit down with two leading senators. democrat dianne feinstein and republican lindsey graham. also, with 2012 it in the rear view mirror we look ahead to 2013. our sunday panel weighs in on what we will be talking about in the coming year. all right outrage now on "fox s sunday." >> chris: and hello again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger with less than two
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days until the new year, senate leaders are still trying to work out a deal to avoid tax increases on almost every american. but any compromise will do close to nothing about our debt problem. joining us now to discuss what kind of deal they will and won't vote for are two key senators. democrat dianne feinstein and republican lindsey graham. and senators, welcome back to "fox news sunday." >> good morning. >> thank you. >> chris: senator are graham, a couple of days ago you you said you thought we were going to go over the fiscal cliff. now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he will get tax rate increases. maybe not at 250 but on upper
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income americans and the sad news for the country s that we accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in asp republicans. but hats off to the president, he won. >> chris: you don't think some of the more conservative colleagues will filibuster or set up a procedural road block? they will vote to avoid going over the cliff? >> no, but if mcconnell can't get 60% of us to vote for this deal it will be hard for boehner to get it through the house. i will want to vote for it even though i won't like it because the country has a lot at stake here. >> chris: is senator graham right? will we get a deal? >> i think he is partially right. yesterday 2.1 million americans lost extended unemployment insurance and from this point
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on it is lose, lose. my big worry is a contraction of the economy, the loss of jobs which could be well over two million in addition to the people already on unemployment. i think contraction of the economy really would be just terrible for this nation. i think we need a deal. we should do a deal. if lindsey and i could sit down, i think we could put that deal together. i think the leadership s now working. it will probably be an immediate deal. in other words, it is not going to solve all of the problems forever but it is going to solve certain problems. in other words, not only the unemployment insurance but doctors lose 30% on medicare patients if that isn't remedied. it is called the doc fix. that will probably be done. the tax extenders will probably be done and a number of other things that are instant. >> chris: the amt, the
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alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident are you that the house which refused to set the mark at a million dollars will pass any tax rate increase? >> if democrats will vote for the deal in the house if they are allowed to vote for whatever the senate passes there will be enough republicans but boehner needs a majority of the republican party. in 2010 we extended all of the tax cuts because the economy was weak. we are not going to extend all of the tax cuts but the economy
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is weaker. i don't understand the economics but i do understand the politics. the president won. the president campaigned and raising rates and he will get a rate increase. >> chris: would you go for 250. in. >> no, shoe he is willing to go for more and why would i not find 400 or 500 because i know the votes are there for four or five hundred. in the house will the votes be there for four or five hundred? i think a majority of -- 80% of the republicans would have voted for plan b. but when you have no democrats you needed almost all republicans. this time around, i think you will get a majority of republicans and a majority of democrats in the house if you can get 60% of the republicans in the senate. >> chris: so senator feinstein is that the sweet spot, 400,000 or 500,000, something democrats will accept, not very happily but accept and get through the republican controlled house? >> the way democrats feel is this president campaigned and won an election on $250,000. additionally the polls reflect
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there is solid support for that. certainly 60% of americans believe that. now, having said, that elections matter. so we believe that the 250,000 threshold is the appropriate threshold. the president did make an offer we understand of 400,000 with a trillion in cuts accompanying it. that was turned down by the house. the time has come really to measure the absence of a deal plus against a deal and i think both of us come down that we have to solve this immediate situation. the danger to our people, to our military, to our nation's security, to our economic base is just too great not to have a solution. so you know, what makes this government work is compromise and it is when you don't compromise there is stasis. we had enough of that for too long. >> chris: 400,000 you could live with. not happily but you could live
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with. >> could i ask a question i will get asked. where does the money go. let's say it is 400,000. >> chris: which is roughly $600 billion. >> if i'm asked at home, senator graham, what are are we going to do with the money, what do i say? >> well, what you say is that this is added to make up the deficit that everyone has been discussing. >> chris: so not new spending. goes for deficit reduction. >> not new spending. you get down to another thing which was a very bad idea and sequester and whether that goes into effect or not. that is the 800-pound gorilla. >> chris: let me ask you about that. i enjoyed your brief stand as host of fox news. >> i thought it was a good question. >> chris: it was a good question, too. all washington has been talking about has been the tax side of the cliff. let's talk about the spending slide of the cliff. there is still as part of the cliff $110 billion sequester,
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automatic cuts. defense cuts. domestic cuts. what is going to happen to that? are they going to address that? >> i was called by leon panetta last night at 7:30 during dinner. >> chris: secretary of defense. >> and he said i was told there will not be anything in the deal to avoid se sequestration from going into effect. half of the 1.2 falls on defense. we already cut $489 billion. he says if we do this it will be shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the year. he is worried we will destroy the finest military in the world at the time we need it the most and this doesn't cover defense cuts on top of the ones we already have. >> chris: briefly will you go for a deal that deals with taxes but doesn't deal with sequester. >> this is a deal without
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consequence to the debt. she told me all of the $600 billion goes on the deficit. i hope that is true. that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99% of americans it will actually increase the debt by trillions of dollars over the next decade. the question is when are you guys going to get serious about spending? >> we are getting serious about spending. we already cut spending between the c.r. and the affordable care act. we cut spending a trillion dollars plus. how to there is an argument
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over how much but let's say it is a trillion and a half dollars. having said that, i think there is a commitment to cut spending. if you do it by virtue of sequestration it falls regardless of priority on things that are very high priority that should not be cut. i think you either have to postpope sequestration or take a portion of it it. mark zandy for example has suggestd that you do $55 billion which won't have that much of a retardation on the economy. he estimates that at about a point and a half. if we do nothing we lose 3% of gdp because you wealth draw from the economy over $700 billion. that is a problem for are america if that should happen. >> chris: i don't want to get too much into the weeds here though obviously it is a substantive subject. but after the cliff the next big step is when we reach the debt ceiling which we are now
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told by treasury secretary geithner probably around the end of february, two months. assuming you get this deal and you turn off the bush tax cuts, the lapsing of the bush tax cuts for 98% of americans. are republicans going to go after the democrats hard on spending as part of bargaining on the debt deal and the president says i'm not going to negotiate on that any more? >> here is what i will do. if you took every penny of the $600 billion and put it on the deficit that is about 6% or 7%. i don't believe all will go on the deficit. when we raised the debt ceiling in august of 2011 we borrowed $1.2 trillion. we spent that much money in 17 months. why would i raise the debt ceiling again unless we address what put us in debt to begin with? i'm not going to raise until we become serious about keeping the country from becoming greece and saving social security and medicare.
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not to turn social security into private account. adjust the age for social security and cpi changes and means testing and look beyond the ten year window. i cannot in good conscience raise the debt ceiling without addressing the long-term debt problems of this country and i will not. >> chris: and you heard president obama say we have to get out of that habit. not going to start trading debt ceiling increases for spending cuts. >> i think the key to what lindsey is saying is that you don't affect people on these programs now. you do it in a way for the too you tour so that long-term the programs are eceptionly changed and more constricted. is not entire early popular on my side but it is realistic, i think. i think this is a very hard time for people. and we need to get by this and we need to have a robust economy again. and it can happen i'm
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convinced. if we solve this and move down you can do those things that enabled the programs to be solvent in it an -- on an extended basis without impacting people directly now. >> chris: senators, we need to take a quick break here. when we come back we will discuss where the investigation into the benghazi terror attack stands now and whether congress will act in the new year to try to prevent more mass murders. ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'.
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>> chris: we are back with senators dianne feinstein and lindsey graham. senator graham, how important is it for secretary of state clinton to testify under oath
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before she leaves office about the benghazi terror attack? and what do you think we is still need to know about benghazi? >> absolutely essential that she testify. i want to know from the secretary of state point point of view were you inform of the deteriorating security situation. i think it is very important to know how the intelligence coming from libya how it was received in the state department so we can learn and correct any mistakes we need to correct. >> chris: some of your republican p colleagues say they are prepared to hold off the confirmation of john kerry as secretary of state until secretary clinton testifies as secretary before she leaves office? >> thatle happen. i have been told by senator kerry he wants that approach also. he needs to hear what she says so he can make comments about i agree he with her or don't agree with her. it makes sense to have her go first. >> chris: do you agree that she
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needs to testify first as and have you been assured she will testify? it has been three and a half months since benghazi and she still has never really answered questions about benghazi, her role before, during, after the attack. do you have reason to believe she will testify as secretary? >> she has said she will and i believe she will. she has had a very real accident and she is recovering from it and she will be back i gather her first day of work may well be next week. so i think that is good news. having said that, i think benghazi is a real learning very hard learning example for us. our part of it, the intelligence committee's part of it is the intelligence and i have gone through the intelligence and there were two full binders of intelligence and there is -- there was a great deal of intelligence that would indicate that something well could happen. it wasn't tactical. it didn't say on september 11th
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you can expect x, y or z but there was enough to know that there were problems in the area. there were also attacks prior attacks, the british ambassador, the red cross, prior attack on the mission, et cetera. we had reason to believe that there was a problem there. as lindsey pointed out, the problem was the right people apparently either didn't make the decisions or didn't analyze the intelligence because i think if you looked at the intelligence you would have substantially beefed up the security in that particular mission in benghazi and it didn't happen sufficiently. we lost four people. a bright ambassador. additionally, the mission didn't have those basic things, gas masks, fire extinguishers, appropriate cameras that could do what cameras can do today. so we have learned this. i think it is up to the state department, it is up to us to provide the money, here we go
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again, and up to the state department to make the changes that are necessary. >> chris: the apparent frontrunner for the new defense secretary, panetta, of course, going to retire, apparently is one of your former senate colleagues, former republican senator chuck hagel who has come under fire for positions he has taken on engaging iron and supporting defense spending cuts. on "meet the press" in morning president obama apparently while he didn't say he would name him said he saw nothing in the criticism to block him. senator graham, are republicans going to block chuck hagel if he is the nominee? >> i think a lot of republicans and democrats are concerned about his views on iran sanctions and hamas and hezbollah and that there is wide and deep concern about his policies. all of us like him as a person. it will be up to the president to make the selection. the hearings will matter.
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they will matter a lot to me and if he sends chuck hagel up there will be a confirmation hearing of consequence. >> chris: you are not prepared to say the republicans would put a hold on his nomination or philly bust. i can tell you there would be very little republican support for his nomination. at the end of the day, very few votes. >> chris: senator feinstein you are going to introduce legislation this week on the first day of the new congress on thursday to ban assault weapons and magazines that hold more than ten rounds of ammunition. why is that more effective than the nra proposal to put armed guards in every school? >> elwith, in the first place, we -- one third of america's public schools does have armed guards. secondly, there were armed guards at columbine. they couldn't stop the shooters. so the question comes what do we do about the growing sophistication of military weapons on the streets of our
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cities. there aren't good hunting weapons, no hunter in my view worth his or her salt would use an assault weapon to hunt and they are not necessarily good defensive weapons. what we would do is take the earlier bill and strengthen it in many ways is. prevent the gun manufacturers from getting around it as they did, go to a one physical characteristic test. take specific models and ban their manufacture, their sale and their transfer. and take the weapons that are are grandfathered that are in possession now and put them under the federal firearms act so that they would be licensed, there would be background checks done. bite the bulletuy the the of what the incidents mean to our people, our nation and our nation's standing in the world. when you you have one in and slaying in the most
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brutal way 6-year-olds something is really wrong. this is one effort and there are other things we should do to try to put weapons under some kind of appropriate authority. >> chris: senator graham you support the nra plan to put more school security in place and oppose the weapons ban. why is she wrong? >> we had the assault weapons ban from 1949 to 200 1994 to 2t did not change crime by banning assault weapons in an appreciable way. last year was the lowest murder rate in the history of the united states. people are buying more guns and murder rates have gone down. you are talking about preventing mass murder by a mentally unstable person. i own an ar 15. i have done nothing wrong by owning that gun. if you had armed security with better rules of engagement that to me is a better are way to deal with the situation. and the best way identify the people before the act and do
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something about it. i think the assault weapons ban didn't work then, it is not going to work now and i will oppose it. >> chris: so for all of the talk and all of the horror. >> we share the horror. >> chris: both of you feel it about newtown and the tragedy there. will congress do anything there to address mass murders, whether it is more gun control or changes to the mental health laws or access to mental health or violence in the media? senator? >> i believe we are going to certainly try. let me respond to lindsey about the murder rate. over 9,000 people are killed with guns a year. where there aren't guns there isn't that murder rate. 9,000 people. that is a lot of people. secondly, i think we have come to a point where these mass murders, the grievance killers that go out there, that get the most sophisticated weapon they hands on andget their happens go in movie theaters, malls, offices, businesses and schools
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and mow down people, you have to have some appropriate controls on these weapons. now, lindsey may feel safer because he has an ar 15. i don't know. that is up to him. he would not be affected by this. but i think having a system where these very powerful weapons as a matter of fact, the bushmaster has a legal slide you can put ton to make it fully automatic and just pump out slews of bullets at a given time. >> chris: i want to give senator graham an opportunity to respond briefly and then move on. >> the bottom line is, is this triggered by the movies the people watch or the videos they watch or books they read. we have a first amendment and second amendment. you can regulate guns and speech. what she is proposing is a massive intervention. gun sales are up and crime is down. it is a false sense of security we are pursuing here. you are not going to be able to stop mass murderers with no
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criminal record just by taking my ar 15 and making me pay $200 and get my fingerprints and say i can't buy another one. it didn't work then and it didn't work before. identify the people before the act and put security in places they are likely to go like schoolhouses. if you go into this capital you will be met with some armed force. if you go into a school hughes, the best protection for children s to have somebody there to stop the shooter. >> chris: i just want to move on to one other subject which has been holding up action a lot of people would say. the senate faces a big moment on january partly cloudy the first day on whether to change the rules -- january partly cloudy the first day on whether to change the rules and make it harder for the minority to filibuster and block the majority. the planned senator majority leader reid would pass by a simple majority but a bipartisan group of senators has come up with a compromise
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that wouldn't change the rule is as much but also wouldn't be the majority forcing its will on the minority. what is going to happen? s there going to be filibuster reform and what kind? >> at thursday's caucus we had a briefing. there are three groups of senators that have been working on three different proposals for rules changes. it was put before the democrats for the first time on thursday. and we listened to it. i think there are some changes that can be made on a bipartisan basis. i will think that is where things are going right now to try to see what we can agree upon. if we can't, then the so-called nuclear option comes into play. i'm hopeful that is not the case because what goes around comes around and i think the eminently desirable thing is to have agreement between us. >> chris: a simple up or down vote. 51 votes to impose the will of the majority? >> at this stage, i don't
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believe it is necessary. i believe we can work something out that both parties can accept. >> chris: senator graham you were part of the bipartisan group that came up with the compromise. basically it would remove some of the procedural road blocks to the deal on the other hand it wouldn't remove all of them. will both sides accept that and will it change anything because you will still be able to filibuster? >> i hope and pray that both sides accept it. i was in the gang of 14. during the bush administration all of the judges were blocked. you couldn't get a judicial vote. bill frist wanted to change the rules of the senate. 7 democrats and 7 runs said let's don't change the rules because we have a problem for the moment. we don't want the senate to become the house. i'm saying now what i said then. when republicans wanted to change the rules i said no it is bad for the institution. when democrats are proposing the same thing, i say no.
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i think people like diane and myself will prevail and there will not be a draconian change that will make the senate the house. we'll work this out. >> chris: thanks for talking with us about a range of issues. both good company as always. happy new year to both of you. >> same to you. to all of us. >> thank you you. >> chris: up next, the sunday group on the fiscal cliff. what will happen and how will it affect you?
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we will be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> whatever we come up with is going to be imperfect and some people aren't going to like it and some people will like it less but that is where we are. >> chris: the two senate leaders mitch mccon and harry lead on the last ditch effort to put together a deal to arod
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the fiscal cliff. time for our sunday group, bill kristol. evan bayh, byron york and kirsten powers. well, bill, you just heard mitch mcconnell say he is hopeful and optimistic. will congress pass something in the next 48 hours, something to avoid the fiscal cliff? >> i don't know. but i guess probably. and it will be a bad deal but i suppose better than doing nothing. amazing every working american's taxes will go up on january 1. they are doing nothing about the payroll tax which is a big increase, 2%. and we will have totally irresponsible defense cuts. everybody agrees this is probably bad policy to have middle class americans taxes go up and this is what congress thinks is a good deal. >> chris: i'm not sure they think it is a good deal but a deal that avoids the worst of the fiscal cliff. senator bayh, obviously we don't know what is your sense? no filibuster in the senate.
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you heard what lindsey graham said and do republicans pass whatever it is that the senate agrees to? >> i think the odds are some what better than 50/50, chris, that we get a minimal deal in the senate. not one that solves our debt problem as you pointed out earlier and this is all just a prequel to going over this again around the first of march over the debt ceiling. the real question is in the house of representatives and will it be enough of a compromise that enough republicans can vote for it to get that through the house. i put that at 50/50. >> chris: byron i think the most we can say or will be able to say if congress passes something is that they were able to stop the crisis that they created in the first place. but they will have done nothing, i mean it is really quite astonishing, to deal with the debt problem which is what the whole crisis was supposed to be about. and in fact if you extend the bush tax cuts for 98-99% of americans and have just the
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small automatic spending cuts you increase the deficit by trillions of dollars over the next decade. >> they are only dealing with the most immediate problem. 48 hours. where we are are is where we knew we would be months ago which is republicans are about to give in on the long held position you shouldn't raise taxes on anybody. is it above 250 or 400 or 500. the reason they are doing this is they know if they hold this pass january 1 the first bill the democrats will introduce are the obama tax cuts in which he proposes to relower the rate on everybody. >> chris: but you if they don't do anything the taxes go up for everybody. >> and the president proposes relowerring them back to rates for are everybody under 250 and republicans don't want to be in a bulldogs o position of stopp. >> chris: why were they unable
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to do anything about stopping real problem?lem fo if you take the amount raised. $600 billion increase in revenue to the government over the next ten years. $600 billion in terms of a deficit of $16 trillion going up by another 2.5, $3 trillion in the next ten years is peanuts. >> you heard lindsey graham talk about entitlement reform and that is what republicans want to press and a debt ceiling issue. if you look at sentiment among democrats especially further to the left since the election their feeling has been president obama won and we will not take this out of seniors and we will not take this out of medicare or social security. no cuts in those things. that position has hardened i think on the left in the past couple of months. >> chris: kirsten, i know you are a believer, i have been watching you this week, that obama won and really cleaned the republicans' clock on the whole thing because he ends up getting the tax rate increases that he wanted. on the other hand, you do have
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another debt line coming in in about two months according to timothy geithner and that is the increase in the debt ceiling. the republicans hold most of the leverage because they can at least threat ton send the country into default unless there are serious and major spending cuts. at that point does this obama victory perhaps look a little different? >> the question is are they going to want to do what they did last time with the debt ceiling which ultimately caused us to have a downgrade of our economy. i think it is a bit of bluffing. i don't think they really rant to do that. in terms of the president winning, he has won, though, he is going to catch a lot of grief as byron was alluding to from the left for if he goes up to $400,000 for example. they think he should stick at 250. they don't want any kind of social security cuts and that is on the table right now apparently in the new deal. in that sense he will catch
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some flak. overall, yes, he will get what he wanted in terms of taxes. he has given up very little in terms of cuts. look, he didn't run on cutting the government really. he ran on raising taxes and so republicans keep saying there is knockouts, there is n no cu. >> chris: this isn't going to do anything about the national debt. >> i totally understand that. for the republicans to expect the president to have led on that i don't think they were paying attention to the election. that is not his area. here is what they should have done. should have a month ago agreed on some sort of deal on the tax cuts. then they should have hammered the president every single day on spending cuts. instead they got out maneuvered. spent all of the time arguing over taxes and now in the end obama is going to basically get everything he wants and the republicans will be left with almost nothing. >> chris: senator bayh? >> the president will get what he wants but as you pointed out
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previously and the previous panel pointed out it doesn't solve the problem. just raising taxes on the wealthy doesn't solve the debt problem. people will pivot and start focusing on that and as we approach the debt ceiling as we saw two years ago the republicans have more leverage. why? because at that point the president will be requesting to borrow another $2 trillion or $3 trillion and that doesn't poll well with the american people that is why the republicans have a stronger and then. at the have taken a step back here and conceded on tax rates but to focus a little later in two months on entitle month reform. >> chris: he has been saying it is a bad habit and we will not get into the habit of trading, you know, a trillion dollars increase in the debt limit for a trillion dollars in spending cuts. who is bluffing? kirsten says she thinks the republicans are bluffing. or the president? is he going to say look, you are trying to condition this on tax -- on spending cuts. we'll go over the debt default. >> i don't think either side is
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bluffing. if you look at recent past when the payroll tax cut about expired, the republicans blinked on that. when we were about to default on the debt, the president blinked on that. today approaching the cliff and taxes going up the republicans are blinking. as we approach the debt ceiling the president is going to get. the president is getting more today. the republicans will get more of what they want the first part of march. neither side is going to default this country and run that kind of risk. a serious of minimalist deals taking a bite at a time out of the problem without a global solution. the reason for that is psychology, philosophy and core politics all make it very, very hard. at that time the end of the day it is difficult to get a comprehensive agreement. >> chris: let's talk about, that bill. if there was one thing that the economy, that the business community was begging for, it was certainty from washington. we don't care whether good policy, bad policy, give us a policy we know we will live under for the next few years so
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we can start to make decisions. i don't see how a businessman would have any idea what is going to happen as a result of what is happening here or go what is going to happen to the debt ceiling. >> i think president obama outmaneuvered congressional republicans which maybe isn't that hard sometimes. he can't outmaneuver reality. this deal does nothing toimulad irresponsibly cuts defense. that is reality. we will pay a terrible price as a country. he is the only president we have. this is a terrible failure of leadership. he is the president and the truth is the speaker can't do it. the minority or majority leader of the senate can't do it. he has to be serious about dealing with reality and reality is the real cliff which is a debt cliff and monetary cliff and up' worried a foreign policy cliff and not merely the little fiscal cliff we have to deal with january 1. >> chris: panel, we have to take a break here. we we come back, our panel dusts off the crystal ball and
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what's in your wallet? hut! i have me on my fantasy team.
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>> chris: we a year end tradition around here to have the panel make some predictions for the new year on a range of topics but given our track records in the area i would not rush to las vegas to place any bets, folks. start with something we are supposed to know something about. politics and government for 2013. bill? >> i think it will be he a year of foreign policy all this talk about the fiscal cliff is interesting and we will stumble along i assume the economy will stumble along and the government won't bankrupt the country quite yet. i think we will have foreign
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policy crises with respect to and syria.ghanistan >> chris: iran, a year from now will we be talking about the diplomatic deal palestinianed, the military action taken or the fact that we are still in the same mess. in. >> i think the military action that will have been taken. >> chris: by us or israel? >> don't know. >> chris: that is enough. there you go. >> believe it or not i think campaigning will start again. the election is just oh but another one always about to begin. i think you will see the vice president probably making trips at some point in the first half of the year to places like, iowa, and new hampshire just to pick states at random because he would like to start set setg the stage for winning the nomination in four years. if hillary clinton decides not to run i think the vice president starts off as the favorite in a field that will include several others. joehris: you are saying jo
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biden would be 73 and the oldest first term. >> i 73 in the united states senate is a youth movement. i think he will make a decision sometime later. i think you will see him out there courting donors and activists in iowa, new hampshire and elsewhere. >> chris: byron? >> implementation of obama care. the rise in costs of premiums. more people put into part-time status. controversy over the start of these exchanges with republican governors refusing to do it in their states and the loss of employer-based health coverage for a lot of people. you have to remember, president obama campaigned by saying if you like your coverage now you can keep it. that will be put to the test this year. >> chris: kirsten? >> i think that based on what happened in the last election the republicans have finally realized for political reasons
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they have to start to look at immigration reform. something the president wanted to do before but really couldn't because the republicans weren't interested in doing it. i think whether something will be passed this year or not is hard to say but definitely i think we will start to see people moving forwards something that involves like a path to citizenship. >> chris: let's go to areas in which the panel may be a little shakier but so less certain of themselves. entertainment? >> i think the metropolitan opera production will be the -- for some of us will be the -- i know. >> mary stewart. >> people say -- >> the reason i'm saying this will be the opera performance of the year is someone was kind enough to give us tickets to go in two weeks. i'm a huge fan of george so i'm looking forward to it and i think you guys can cover the movies all and that. >> chris: i predict that my wife will try to get me to the opera again in 2013 and, once
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again, she will fail. senator bayh. >> one thing i can say for person about the new year is congress' job approval stuck in the low teens. >> this is entertainment. >> next year's oscar for force or for tragedy will go to the united states congress because the fiscal cliff is going to keep going. their inability to deal with the basic problems that face the country it will continue. for those that want real entertainment tune in o our program or watch c span if you are a glutton for punishment. >> i think lincoln will sweep the oscars next year. maybe more. and i think the left will take kind of a message from this for president obama please cut some corners, get things done. don't worry so much about the constitution. i think that the be the message. >> byron is wrong. ben affleck will get best director for argo which is an
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excellent movie. he is popular in hollywood and i think he did an excellent job with the movie and does great acting in it. the other movie would be zero dark thirty. there has been a lot of criticism about that because of the torture and as we know hollywood doesn't like those things. >> i think the fed zero interest rate policy will turn out to be more of a problem and there will be a crisis. people will understand the monetary policy. even the gold standard much ridiculed these days will come back into a serious discussion as a way to constrain the fed from printing endless money. >> senator bayh. >> housing which led us into the recession and caused the financial panic because of housing relate the instruments has held the recovery back will now start overperforming and lead the economy toward a better growth path helping to offset declines in government spending and consumer unis sent. i think housing will contribute
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to the economy. >> chris: byron? >> apple computer which not too long ago became the world's most valuable company in history. it will begin a slow slide as consumers realize there are no more magic products coming from apple after the death of steve jobs. >> chris: and kirsten? >> the economy is going to continue to turn around. not going to be a boon but it will continue to grow some what slowly in the first half of the year and start to pick up and housing a key part of that. >> chris: do you think congress and the continued perils of falling cliffs is that going to hurt the economy? >> it would be much more helpful if there was more certainty and the stock market wasn't constantly fluctuating over wondering what our congress going to do. >> chris: finally and this is an area a where we all have strong opinions if not not much that could be said about the first three categories. sports. bill? i know what you will say. you you could still revise
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this. >> looking forward to the redskins cowboys game tonight. are you going? >> chris: yes. >> you are bigger redskins fan than i am. i love rg 3 but being kind of the pessimist i am i expect them to dash my hopes and lose cowboys tonight and after the fantastic run the redskins will fall short of the playoffs. >> chris: this is dangerous because usually predictions you have live six months everybody forgets we will know tonight whether he is right or wrong. >> i'm a home state chaeuva mist. i predict notre dame will win. fee haley in the top four or five teams in the country and will make the final four. the colts a wonderful story. coach stricken by cancer and now back on the sideline. went from the worst team in the league to making the playoffs. go indiana. >> chris: let me he just say bayh continues to have political inspirations.
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>> i was worried nobody would talk about golf. this coming year tiger woods will make a comeback and win a major championship for the first time since he ran his suv into the hire hydrant in 2009. today is his 37th birthday but still will fall short of jack nicklaus' record of 18 championships. >> chris: kirsten? >> as you know, i know nothing about sports. >> you made that clear over the years. >> my new year's resolution is to become a d.c. sports fan so i predict next year i will have something to say. >> chris: can you name the teams? >> the redskins. nationals. >> chris: what is the basketball team? >> the wizards. >> chris: yes. >> you didn't have to say that in my ear, i knew that! >> there is a hockey team, too, right? >> but they are not having a is season right now. >> chris: what are they called?
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>> the capitals. >> chris: there you go. they are the capitals. see you next year. pick out panel plus where the group picks up with the discussion on our website. we will post a video before noon eastern time. follow us on twitter at "fox news sunday." and we'll be right back with a final note. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'.
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>>. >> chris: finally we want to thank you for watching each week throughout this busy news year as we say goodbye to 2012. here are the names of the people that washing so hard every week to put the program on the air. from all of us happy new year and we'll see you next fox news sunday. ♪ ♪ ♪ ♪ ♪
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